SBA Communications (SBAC) Reports Q2 Revenues Slightly Below Consensus; Offers FY18 Revenue Outlook
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SBA Communications Corporation Reports Second Quarter 2018 Results
July 30, 2018 4:01 PM EDTUpdates Full Year 2018 Outlook
BOCA RATON, Fla.--(BUSINESS WIRE)-- SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended June 30, 2018.
We continued our strong operational performance in the second quarter, commented Jeffrey A. Stoops, President and Chief Executive Officer. Adjusting for currency, leasing revenue, tower cash flow and Adjusted EBITDA were all ahead of our expectations for the quarter, evidencing the underlying strength in our business. In the U.S., the four major wireless service providers are all active investing in their... More
